As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 25.60% |
|---|---|
| Individuals | 2.98% |
| Top 10 holders | 75.40% |
| Total shareholders | 34,639 |
How to read this: each slice is a group of investors. Foreign and financial institutions are professional money; individuals are retail shareholders; other corporations are usually business partners holding strategic stakes. A large institutional slice generally means heavier analyst coverage and more trading volume.
How to read this: each line shows how one investor group's share has moved over recent years. A rising foreign or institutional line can signal growing professional interest; a falling one the opposite. Japanese companies disclose ownership once a year, so these are annual points — read the direction over several years rather than a single step.
| Investor category | Holding % | Shareholders |
|---|---|---|
| Other corporations | 60.05% | 395 |
| Foreign institutions | 25.60% | 699 |
| Financial institutions | 9.22% | 63 |
| Individuals & others | 2.98% | 33,320 |
| Securities firms | 2.15% | 30 |
| Foreign individuals | 0.01% | 131 |
| Government | 0.00% | 1 |
How to read this: a high foreign or institutional share often means the stock is widely researched and more liquid; a high individual share means retail investors hold most of the company. Percentages are of voting units.
| S.No. | Shareholder | Shares | Stake % |
|---|---|---|---|
| 1 | サントリーホールディングス株式会社 | 183,800,000 | 59.48% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 19,150,600 | 6.19% |
| 3 | STATE STREET BANK AND TRUST COMPANY 510312(常任代理人 株式会社みずほ銀行決済営業部) | 6,911,461 | 2.23% |
| 4 | STATE STREET BANK AND TRUST COMPANY 510311(常任代理人 株式会社みずほ銀行決済営業部) | 5,803,139 | 1.87% |
| 5 | STATE STREET BANK AND TRUST COMPANY 505103(常任代理人 株式会社みずほ銀行決済営業部) | 4,451,578 | 1.44% |
| 6 | 株式会社日本カストディ銀行(信託口) | 4,383,900 | 1.41% |
| 7 | BBH FOR BRIDGE BUILDER INTERNATIONAL EQUITY FUND - PZENA(常任代理人 株式会社三菱UFJ銀行) | 2,709,000 | 0.87% |
| 8 | STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部) | 2,111,143 | 0.68% |
| 9 | SMBC日興証券株式会社 | 1,982,251 | 0.64% |
| 10 | JP MORGAN CHASE BANK 385781(常任代理人 株式会社みずほ銀行決済営業部) | 1,829,931 | 0.59% |
Trust banks such as Master Trust and Custody Bank appear at the top of most Japanese registers: they hold shares on behalf of many underlying funds rather than owning them outright.